What People Should and Should Not Do if They Get Mail From the IRS
Every year the IRS mails letters or notices to taxpayers for many different reasons. Typically, it’s about a specific issue with a taxpayer’s federal tax return or tax account. A …
Insights and News
Home Health Providers: New HH QRP OASIS Interim Guidance Webinar from CMS
CMS invites Home Health providers to listen to the Home Health Quality Reports Program’s OASIS Interim Guidance Webinar. In an effort to provide an overview of important OASIS data collection …
What Taxpayers Need to Know About Making 2021 Estimated Tax Payments
Small business owners, self-employed people, and some wage earners should look into whether they should make estimated tax payments this year. Doing so can help them avoid an unexpected tax …
Q&A Basics for IRF and LTCH Providers
CMS is offering an instructional resource for providers on how to access and use CMS QRP (Quality Reporting Program) Quarterly Q&A documents. This resource addresses the purpose and benefit of …
New Guidance for All Employers Claiming the Employee Retention Credit for Q3 and Q4 of 2021
The Treasury Department and the Internal Revenue Service today issued further guidance on the employee retention credit, including guidance for employers who pay qualified wages after June 30, 2021, and …
Important Reminder! Anyone with an Employer Identification Number (EIN) Must Update their Responsible Party Information Within 60 Days of Any Change!
Calling it a key security issue, the IRS urges any entities with Employer Identification Numbers (EINs) to update their applications if there has been a change in the responsible party …
Reminder for All Eligible Employers: Take Advantage of the COVID-19 Paid Leave Credit!
The IRS has updated its frequently asked questions (FAQs) on the paid sick and family leave tax credits under the American Rescue Plan Act of 2021 (ARP). The updates clarify that eligible …
SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal
The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the …
“Long COVID” Can Be a Disability Under the ADA. New Guidance From the DOJ and HHS.
Although many people with COVID-19 get better within weeks, some people continue to experience symptoms that can last months after first being infected, or may have new or recurring symptoms …
Did You Take a Coronavirus Distribution (CVD) from One or More of Your IRAs in 2020? Find Out How to Avoid a Nasty Surprise Next Year!
Did you take a coronavirus distribution (CVD) of up to a combined limit of $100,000 from one or more of your traditional IRAs in 2020? You can recontribute the CVD …